Shakti Pumps (India) Limited has informed the Exchange that Company has received 1st letter of Award from Karnataka Renewable Energy Development Limited for 16780 Standalone Off- Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps under Component B of PM KUSUM scheme. The total value of the 16,780 pumps is around Rs. 654.03 Crores (inclusive of GST).